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Why is that?:confused:

Don't we already have a non credit based reserve currency in gold? Why do they have to make things so difficult?

http://elitetrader.com/vb/showthread.php?s=&threadid=158117&perpage=6&pagenumber=1

China to Keep Buying Treasurys: Bank Official China will continue to buy US Treasurys, viewing the credit risk as low overall, a senior central bank official said on Monday. "Investing in American Treasurys, as an important part of our foreign exchange reserve management, will...

The fact 2 is that credit cards will be viewed with increasing disdain by businesses as 'cash will be king'! Discounts will be offered for cash and some businesses will finally refuse plastic altogether. Ok, it sounds like the guy is just thinking up stuff to write. I have a business and...

Regardless of whether AIG traders deserve the money or not you can't change the tax code for specific people. Next they will tax you too because you don't deserve your money either.

Paper currency is a belief. When people believe in your currency you can buy stuff with it. The inflation comes later when your currency is adjusted downward and foreign products cost more, which in turn raises domestic prices also.

Stu-stu-stuttering booyay to ya Jim!

Shtick. :p

Advance/Decline was very strong today. Up 2823 Dn 234 12-1 is a massive number and the rally will likely continue.

How is China going to finance our spending with their trade surplus shrinking?

Stocks roared to the upside to the tune of 40% higher before the collapse of the Weimar Republic on a declining currency. (Just an extreme example) If the market rallies but the dollar begins to slide, watch out.

I am a little confused about number 3. Where did Bernanke say anything about buying foreign currency? He has mentioned that he could buy foreign bonds but didn't want to influence the forex market.

$900 Million is chicken feed. Surely they can do better than that.

Kind of funny when they actually did send every family $1200 last year. Now they just need to send every family $1200 a month! That should really get things "kickstarted!"

I guess if the dollar is going up they can do whatever they want? Why not just print every dime? I agree, why bother with anything else? :p

Ok, now you are just argueing semantics. Did you consider oil prices a "bubble" last fall? Most poeple didn't but oil dropped farther and faster than the Nasdaq crash. Who cares what this specific thread is about technically. It is now just a dicussion about bonds and their future direction...

If the treasuries are such a good bet at these levels why is our Secretary of State traveling to China to make sure the Chinese will continue to buy them? "I appreciate greatly the Chinese government's continuing confidence in United States Treasuries. I think that's a well grounded...

No argument will be convincing to you because you have already made up your mind and are completely fixated on the term "bubble". I personally believe that the 26 year bull market in bonds is over and this last rally was the final blowoff. Rates will go higher from here unless they are...

So you are just disagreeing with the overused term 'bubble'? I am also long precious metals but I just can't get this bond situation out of my mind. Clinton goes to China and pretty much begs for the status quo and Geitner is labeling them a currency manipulator? The US is borrowing more...